Economy, asked by munachiorum, 10 months ago

give five reasons why trade through medium of money is better than trade by batter

Answers

Answered by pujatanti13
1

the reason is in medium of money was exchange of commodity was done indirectly ,whereas in barter system The exchange of commodity are done directly

Answered by virat2020
1

Answer:

Advantages of money:

no double coincidence of wants required as in case of double coincidence of want for exchange to take place.

Measure of value that is we can measure each and every good in terms of money but that was not possible in barter system of exchange.

Actually this I found in Google.

Hope this helps U

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